Malong Technologies: First Chinese AI Company Headlines at G20 Young Entrepreneurs’ Conference

Malong Technologies,an international provider of product
recognition technology, today addresses the G20 Young Entrepreneurs’
Conference in Berlin about its breakthrough artificial intelligence
platform.

Matthew Scott, CTO of the multi-award winning startup, reveals how his
team built ProductAI®, a cloud-based service that makes it easy for
businesses and developers to leverage world-class AI for visual product
recognition.

Malong Technologies creates a high performance ‘intelligent eye’ that
enables machines to have human-like visual perception of products,
including non-rigid objects like fashion and fabrics, which have been
historically infeasible for computers to recognize accurately without
barcodes.

Launched in 2016 after two years of R&D, ProductAI® has successfully
answered over one billion image requests from users in China, and
enables retailers and manufacturers in sectors such as fashion,
textiles, furniture, wine, stock photography and automotive industries
to improve efficiency, product quality and create new value-added
features.

Its technology can visually search through 20+ million item product
catalogs in less than a second to find specific items taken from images
in the physical world, connecting it to the digital one. The company
passed several rounds of selective screening and assessment to represent
China as delegates at the G20 Young Entrepreneurs’ Conference in Berlin.

Matthew Scott, Malong Technologies CTO and Co-Founder, explains:
“ProductAI enables any developer or enterprise to leverage the most
accurate deep learning computer vision algorithms for product
recognition. With a swipe of a credit card, product intelligence can be
rented in the cloud for pennies on the dollar. We also provide solutions
for private cloud or IoT embedded hardware as well. No longer only the
capability of academia and corporate giants, AI is now open for all to
tap into to make better products.”

In 2015, Malong Technologies graduated with honors from the highly
selective Microsoft Ventures Startup Accelerator in Beijing. It employs
over 50 engineers and research scientists from Google, Microsoft, and
Oxford University’s world-renowned VGG group. In 2016, the company won
the first “AI Pioneer” award from Microsoft and received other first
place prizes for its AI at technology competitions held by Amazon and
NVIDIA.